Helmerich idles another Venezuela rig...

Helmerich idles another Venezuela rig in dispute

There are 3 comments on the www.reuters.com story from Mar 23, 2009, titled Helmerich idles another Venezuela rig in dispute . In it, www.reuters.com reports that:

Helmerich & Payne Inc has idled four rigs in Venezuela so far due to a payment dispute and expects all 11 there to be idled by this summer, the U.S. company's chief executive told an investor conference on Monday.

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“Choose the "Happy" glass!”

Since: Sep 08

Medellin, Colombia

#1 Mar 23, 2009
Chavez DID SAY he want's to cut production!!!

Well I'm sure he's overjoyed about this!
Nothing like a little help from a US contractor...
to help him DO WHAT HE SAYS!

Be careful what you ask for, you might get it!
Gianni

Mestre, Italy

#2 Mar 23, 2009
And the mythical cash reserves? Where are gone?

“Choose the "Happy" glass!”

Since: Sep 08

Medellin, Colombia

#3 Mar 23, 2009
Gianni wrote:
And the mythical cash reserves? Where are gone?


Do you mean the ones in Argentina, The Caymans, the Black Accounts in Switzerland, the number accounts in Luxembourg? It's so difficult to know which ones you mean!!

Oh, you mean the Venezuelan NATIONAL reserve account...
I thought you meant Cha Cha's personal reserves,
pardon me!

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Helmerich & Payne Discussions

Title Updated Last By Comments
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News Helmerich & Payne Says Venezuela Debts May Not ... (May '09) May '09 I_need_a_beer 11
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